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news-imageFebruary 4, 2025

Crypto Price Analysis 2-4: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, CHAINLINK: LINK, NEAR PROTOCOL: NEAR, FILECOIN: FIL, ARBITRUM: ARB

The crypto market rebounded after Donald Trump agreed to delay tariffs on Canada and Mexico following a conversation with both presidents. As a result, Bitcoin (BTC) rebounded to reclaim the $100,000 level, with the flagship cryptocurrency trading at $100,360, up nearly 7% over the past 24 hours.
Publisher: Crypto Daily
Sentiment: Neutral
ARB
BTC

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cover-imageTokenpost
April 9, 2025

Michael Saylor Calls Bitcoin ‘Digital Gold' Amid Market Turmoil

Bitcoin advocate and Strategy founder Michael Saylor has reignited the digital gold narrative, calling BTC the modern equivalent of gold as the flagship cryptocurrency fights to reclaim the $80,000 mark. Posting on X, Saylor shared another AI-generated image of himself seated atop gold bullions stamped with the Bitcoin logo, guarding a fictional Bitcoin Fort Knox a nod to the U.S. Strategic Bitcoin Reserve allegedly initiated by President Trump.

Positive
cover-imageTokenpost
April 9, 2025

Solana Surges on $12M Volume Spike as SOL Eyes Recovery

Solana (SOL) saw a dramatic surge in trading volume, exceeding 12 million SOL in just 24 hours the highest in the past 30 days. This spike reflects a potential shift in trader sentiment and market positioning, possibly signaling a local bottom for the cryptocurrency.

Positive
cover-imageTokenpost
April 9, 2025

Cboe Digital Eyes Launch of Cash-Settled Bitcoin Futures on April 28

Cboe Digital, the cryptocurrency division of the Chicago Board Options Exchange (Cboe), plans to introduce a new cash-settled bitcoin (BTC) futures product later this month, pending regulatory approval. The proposed futures contract, developed in collaboration with FTSE Russell, is designed to offer a more capital-efficient way for investors to gain exposure to bitcoin price movements.

Negative
cover-imageCointelegraph
April 9, 2025

Bitcoin ETFs lose $326M amid ‘evolving' dynamic with TradFi markets

The evolving relationship between Bitcoin and traditional financial markets is under renewed pressure as global investors flee risk assets amid intensifying US trade tensions.US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded their fourth consecutive day of outflows on April 8, with more than $326 million in net redemptions across products, according to data from Farside Investors. BlackRock's iShares Bitcoin Trust ETF (IBIT) saw the largest sell-off of over $252 million, its biggest daily outflow since Feb. 26.

Negative
cover-imageCoinPedia
April 9, 2025

Ethereum Sell-Off: WLF Dumps ETH at 55% Loss, Whales Exit Amid Market Crash

World Liberty Financial has reportedly sold a significant amount of Ethereum at nearly 55% loss. The wallet linked to Trump-affiliated group's unrealised loss now stands at around $125 million raising speculations over its move across the market. Notably, as per data from Arkham Intelligence, the wallet moved over 5,471 ETH for approximately $8 million.

Positive
cover-imageCointelegraph
April 9, 2025

Trump tariffs reignite idea that Bitcoin could outlast US dollar

The lingering fears triggered by US President Donald Trump's sweeping global tariffs have analysts increasingly convinced that Bitcoin is now more likely than ever to challenge the US dollar in the years ahead.“Higher chance Bitcoin survives over the dollar in our lifetime after today,” Bitwise Invest head of alpha strategies Jeff Parks said in an April 9 X post.

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